NEUROWAVE SYSTEMS INC

Cleveland, OH · Medtech · Private

TIVAPeds, an automated drug delivery platform that integrates a brain monitor to continuously adjust propofol infusion during pediatric anesthesia

Grants
$3.5M
5 awards
Sector median: 1
Raised
—
No Form D on record
Contracts
$32M
13 awards · Defense, Veterans Affairs
#32 of 4531 in medtech
Patents
24
19 granted · 5 pending
Sector median: 2

Capital Timeline

Federal above the line · equity below · node area scaled to amount
Capital and federal award history
DateEventSourceAmount
Federal contractDepartment of Defense · #10019012 Tatrc Osd Proposal -$100,000
Federal contractDepartment of Defense · SBIR Phase I (O103-H05-3066)$3,948,078
Federal contractDepartment of Veterans Affairs · Igf::ot::igf Professional Services$24,995
Federal contractDepartment of Defense · Year 1 - Proposal No. 12097005$2,495,279
Federal contractDepartment of Veterans Affairs · Biowave System$19,982
Federal contractDepartment of Defense · Long Range Broad Agency Announcement (baa) For Navy And Marine Corps Science And Technology$4,006,322
Federal contractDepartment of Defense · Igf::ct::igf$1,743,288
Federal grantDepartment of Health and Human Services · Phase I · NeoGUARD: An easy-to-use, low-cost brain monitor for objective screening and treatment of opioid-exposed infants$244,569
Federal grantDepartment of Health and Human Services · Phase I · NeoGUARD: An easy-to-use, low-cost brain monitor for objective screening and treatment of opioid-exposed infants$244,569
Federal grant· 1 of 2 same dayDepartment of Health and Human Services · Phase II · Automated Intravenous Anesthesia Delivery to Improve Outcome in Children-TIVAPeds$663,684
Federal grant· 2 of 2 same dayDepartment of Health and Human Services · Phase II · Automated Intravenous Anesthesia Delivery to Improve Outcome in Children-TIVAPeds$1,496,205
Federal contractDepartment of Defense · Research And Development$748,154
Federal grantDepartment of Health and Human Services · Phase II · Automated Intravenous Anesthesia Delivery to Improve Outcome in Children-TIVAPeds$832,521
Federal contractDepartment of Defense · SBIR Phase III: JW190526$3,924,548
Federal contractDepartment of Defense · Accupump AP-4000 System Includes 2 PH-90$24,620
Federal contractDepartment of Defense · Joint Multi-channel Infusion Pump - Award Off Two-step Call On A Broad Agency Announcement$4,510,771
Federal contractDepartment of Defense · Closed Loop Sedation And Anesthesia Delivery System For Accs Delivery System For Accs$4,599,776
Federal contractDepartment of Defense · Joint Multi-channel Infusion Pump$5,652,529
Federal grant · SBIR/STTRFederal contract · USAspending

Peer position

Medtech · 4531 companies · ranked on federal contract value
Medtech companies ranked by federal contract value
#CompanyContractsDisclosed equity
29TRANSMURAL SYSTEMS LLC$33M—
30CRITICAL INNOVATIONS LLC$33M—
31Outset Medical$32M$395M
32NEUROWAVE SYSTEMS INC$32M—
33INFLAMMATIX, INC.$29M$134M
34FORT DEFIANCE INDUSTRIES LLC$27M—
35QUANTUM APPLIED SCIENCE & RESEARCH INC$25M—

Ranked on federal contract value rather than capital raised. The equity column is the comparison worth making — companies at the same procurement position often sit at very different points in their funding history.

Patents

USPTO · 19 granted of 24

Regulatory activity · Medtech

Sector-level, not company-level

Rules are matched to sector, not to company. Recent activity in a sector is context rather than a signal about this business — until rules are matched to what a company actually builds, the section is shown as context and nothing more.